Member Info for dazzle1000

Sorry forgot link

https://www.reddit.com/r/EEENF/comments/m6a5cc/updated_i_did_some_maths/

Some excel type figures that are very informative wondered if some of you maths nerds out there can have a stab to see if they hold up..

Dazzle

Blingybird19:41pm
Let’s hope Dave has passed on some of his magic tricks on to the next ceo..

I have Spent the last couple of days looking at USA online chat forms for 88E under eeenf To gauge sentiment and momentum Part psychology and part how people trade.

I was just chuffed to bits to see volume at record highs like a tSunami Over the last 2 weeks... my prayers are answered and derisked and bought back in lower.. a smaller amount as I’m waiting to see which way this is going to turn.. either way I’m prepared for both . I haven’t managed to free carry yet like some have done, keeping alot of cash ready I’ve 1milllion at 1.1p as a buffer, looking to invest in ftse 100 & 250 but stamp duty is pricey On big trades.

Not bad for someone who bought into Tangier’s at 30p 9 years ago...been a long road and a big learning curve..

Dazzle

Orslega 13:04, 13:07
I have a few shares in PQE, and can definitely say that if petroteq did consolidate their shares 10 to 1 or 20 to 1 whatever price they need to get above $1 being a minimal amount a company needs to be listed on NASDAQ I can honestly say I was in Magellan ( now called tellurian) back in 2016 when they consolidated to 5,000,000 shares from a Few hundred million they were around $.50 and they spiked up to $21 I got out around $9 because the sp consolidated sideways And there wasn’t much financial guidance on where the spike would lead to it could’ve gone down or up dragging around $9. I wasnt greedy and hit the sell button ...

Anyway my point is PQE could possibly react in a similar way if they consolidated the shares to a
smaller number not fully guaranteed it will go as high as Magellan/ tellurian. But we do have production oil figures and recycled sand usage in two key areas to go on..

Dazzle

Fun and games start when oz opens, they recon they are taking the lead with trading but I disagree now what with the USA and the so called “Reddit brigade” on board. There are pros and cons to this, one is blatant pumping and over inflating prices. The other is imho I fear of missing out. Wether traders derisked buying in at . 05p from 1.5p and top slicing a free ride and With lesser informed heard types jumping on board wanting a price of the pie. Really who gives a fig. This is a blessing because I know Dave always considered the Nasdaq listing further down the road as a probable option, and now we have it in a different way on OTC via “ The Wolf of Wall Street PINKSLIPS” types of trades. I hope and know some of you have Grabbed the opportunity and striked while the iron was hot. Those who missed out have to learn by experience and inner RetroSpecht of contemplation on why they didn’t take that chance...

The volume is huge for anyone small fry and it involve a Multitude of characters, investors and traders...

See the bigger picture here and keep calm, focus and be ready with a strategy your happy with, we wouldn’t be in this position if Dave didn’t give us a couple of his back up plans and I was there in nov 2019 in the globe up the road from the terrorist attack talking to him and he mentioned he had a few tricks up his sleeve and I saw the whites of his eyes and knew he wasn’t lying, I’m sure he is as gutted and down beaten on how unlucky we have been having his hands tied on some deals. And I’m sure there is no one person more hopeful than Dave In wanting to see oil flow...

Let’s take each day as it comes and see what opportunities arise, maybe the Reddit crew may give us a second wave Of trading and uplift the share price like they did with game soft. We may never see below 1p or it could tree shape below one final time to 0.8p . Who knows how the candlesticks react but we can use them child Vantage plus the volume of trading at new record.

I met a lot of people over the years at the globe and they seem decent people knowing what they are getting into and if they’ve put their money all in for long-term oil flows and I happy with the possibility of losing then great that’s the risk to reward. But I suggest those who are whingeing, moaning, bashing And blaming others than them selves just shows a lack of character and probably the reason why 90% of traders fail on aim casino..

When opportunity knocks don’t knock it and grab the bull by the horns and seize the day life is too short and 2020 to 2021 has been a very tough year and thank our lucky stars we’re not dealing With the plague or Ebola like they are in Africa at the moment ...

Dazzle

Here is a link that gives an insight to oil exploration and covers some of the work schedule and daily life of a worker any oil business on the northern slope of Alaska

https://www.adn.com/sponsored-content/2020/10/13/whats-it-like-to-live-and-work-in-alaskas-north-slope-oilfields/

Dazzle

Ok enough fun I’m not paid to watch a ticket screen all day lol, I’ve proved a point that if we had genuine USA otc investors with sticky hands it could a: hold 1p support and b: probably see a second wave of crazy buying. The latter is a big IF. but be ready for it

Have a good weekend feet up and have a beer or wine.. regards dazzle

Another just gone 1.4million at 1.2p

15:33. Yep indeed ddraig, I’ve just seen another 2million buy @1.1p as i was typing. Hope it’s investors and not traders... more sticky fingers holding..

ok don’t shot the messenger by I just checked the OTC market volume for 88e and it’s 90 million compared to AIM 201 million .

Another 2 m @ 1.1p
Ok this stupid lol everyone check out draig cnbc link for live prices

Another 4million buys indifferent batches around 1.05p to 1.1 keep checking trades on lse .. looking strong to hold 1p into the weekend but buying could continue in USA otc Et cetera

Another batch of buying roughly 11.5million around 1.1p in batches of 2million on cbnc tv

Big buy just went through 4.4milllion shares at 1.1p a couple of minutes ago on cbnc tv

Seems like buying, but by whom from us or by them? Ticket not as frequent as past couple of days

13:33
I disagree Because look at it as I knew fresh face on Reddit stock twitch and Twitter people around the globe looking at 88 energy in a new light and just checking out it’s history doing research they would hopefully find and conclude like we have that we are in a better position than we was a year ago far better in fact..

From the armchair trader link at 8:14am

“Dave Wall, managing director of 88 Energy, said: “This is an exciting and pivotal time for the company and our shareholders.” Results are expected in the next four weeks, though interim logging results may provide positive news flow. Wall made the announcement just as the Crude Oil WTI Index touched a high of $67.98 per barrel last week, a level last seen in 2018.“

Yes possibly that oil could be found at this stage like Dave wall mentioned but still here say. Not allowed by AIM and ASX rules to leake anything but oil..

Never satisfied13:08
It rallied coz USA and the like bought in on the OTC. Didn’t you see the huge record volumes geez..
Even oz and Germany did their bit... sure Brombarb posted volume numbers each day ..

Dazzle

Interactive Investor offering 1.2p on the bid and 1.25 on the offer 15.38% rise as we speak.. my Only thoughts is across the pond I’ll put in there buy orders hopefully thinking at 1p is the new support..

But this is aim Casino and the MM’s could be trying to catch out people. Defo tree shake today anyone got level 2 buy v sell

Dazzle

Yep done another quick dummy buy. Couldn’t get 2million but can get 1milllion shares at 1.1744p